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Fixed vs ARM Mortgage: How Do They Compare? | NerdWallet

If you're in the market for a new home, you may be wondering what type of mortgage to choose. There are two main types of mortgages: adjustable-rate mortgages (ARM) and fixed-rate mortgages. In this video, NerdWallet's Kate Wood compares the two to help you decide which one is the best option for your financial situation and goals. NerdWallet Compare, Inc. NMLS 1617539 nmlsconsumeraccess.org Suggested Articles: ARMs vs. Fixed-Rate Mortgages: How to Compare: https://www.nerdwallet.com/article/mo... Fixed-Rate Mortgage: What You Need to Know: https://www.nerdwallet.com/article/mo... What Is an Adjustable-Rate Mortgage? https://www.nerdwallet.com/article/mo... Adjustable-Rate Mortgages: The Pros and Cons: https://www.nerdwallet.com/article/mo... #NerdWallet #Versus #Mortgage About Versus: Versus is all about financial decisions and weighing your options. Our financially-savvy Nerds break down two similar product or services explaining why they are different and who they work well for. In the end, you will have an understanding of each option and what could work for you! Subscribe to NerdWallet - https://bit.ly/3wGvVf3 About NerdWallet: We’re NerdWallet. And we’re not your typical finance company. We believe that everyone should be able to make financial decisions with confidence. We’ve built a team of Nerds with the knowledge, passion, and skills to make that happen. Thanks to our Nerdy experts, see side-by-side comparisons and objective reviews of the best credit cards, bank accounts, and so much more — so you can get even more financial clarity. It’s the smartest decision for all your financial decisions. Disclaimer: This video is for informational and educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks or securities. Any comments posted under NerdWallet's official account videos are not reviewed or endorsed by NerdWallet or representatives of financial institutions affiliated with the reviewed products unless explicitly stated otherwise. Avoid disclosing personal or sensitive information such as bank accounts or phone numbers. NerdWallet employees do not offer personalized financial advice and will not respond to posts here. Connect with NerdWallet: Follow NerdWallet on TikTok:   / nerdwallet   Follow NerdWallet on Instagram:   / nerdwallet   Follow NerdWallet on Twitter:   / nerdwallet   Follow NerdWallet on Facebook:   / nerdwallet   NerdWallet Website: https://nerdwallet.com Fixed vs ARM Mortgage: How Do They Compare? | NerdWallet    / nerdwallet